Mukesh Ambani’s Reliance Jio is all set to launch its GigaFiber internet service, which was announced at Reliance Industries’ 41st Annual General Meeting, to mark its foray into the home broadband segment. The pre-registrations of the flagship Fiber-to-the-Home (FTTH) broadband services will begin from August 15. You can register for the service either on Jio.com or My Jio app. Reliance is reportedly looking at a commercial rollout of Jio GigaFiber before Diwali.
A report in the leading newspaper has hinted that it would offer broadband services bundled with DTH services at about Rs 500 a month, which is almost 50 per cent less than the current charges. The company expects to make profits driving on the volume business.
The ‘Jio Giga Fiber’ will come with a set-top box for television, and will have enabled voice command feature for TV. Besides, it will also have a TV calling feature, similar to how Amazon’s Fire Stick remote.One of the interesting features is the set-top-box would also support a video calling feature from TV sets.
“Your home will have wall-to-wall Wi-Fi coverage, every appliance, plug point, switch will become smart. You can have cameras giving you 24×7 security monitoring, alerts,” said Akash Ambani while highlighting the features of ‘Jio Giga Fiber’ at 41st AGM.
The broadband services would launch simultaneously in around 1,100 cities and a city that receives most users’ interest would be the first location to get the service.
You will get a speed of up to 1Gbps with Jio GigaFiber. The price related information, however, is not shared about the connection cost, security deposit and details of monthly plans.
The company also announced the launch of the high-end JioPhone 2 with advanced features, at an introductory price of Rs 2,999 from August 15 this year.
Mukesh Ambani said the company saw its biggest growth opportunity “in creating a hybrid, online-to-offline new commerce platform”. He further said Reliance Retail’s revenue grew by 100 per cent on a year-on-year (YoY) basis Rs 69,000 crore last year.